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Wisconsin Administrative Code (Last Updated: January 10, 2017) |
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Agency DFI. Department of Financial Institutions |
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Chapters DFI-Bkg1-78. Department of Financial Institutions-Banking |
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Chapter DFI-Bkg16. Real Estate Brokerage Services |
Section 16.06. Real estate services provided by bank employees.
Latest version.
- No officer or employee of a bank who personally approves a borrower's application with respect to a particular real estate loan shall receive any commission earned on the sale of the real estate related to the loan. Any such commission shall be paid directly to the bank.
History:
Cr.
Register, June, 1987, No. 378
, eff. 7-1-87.